Golden Ocean Group: Q4 Earnings Snapshot

HAMILTON HM 08, Bermuda (AP) — Golden Ocean Group Ltd. (GOGL) on Thursday reported fourth-quarter net income of $68.2 million.

On a per-share basis, the Hamilton Hm 08, Bermuda-based company said it had net income of 34 cents. Earnings, adjusted for non-recurring gains, came to 29 cents per share.

The shipping company posted revenue of $249.6 million in the period. Its adjusted revenue was $180.4 million.

For the year, the company reported profit of $461.8 million, or $2.29 per share. Revenue was reported as $834.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOGL at https://www.zacks.com/ap/GOGL

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